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Side-by-side financial comparison of Avery Dennison (AVY) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.
Stanley Black & Decker is the larger business by last-quarter revenue ($3.8B vs $2.3B, roughly 1.6× Avery Dennison). Avery Dennison runs the higher net margin — 7.3% vs 1.4%, a 5.9% gap on every dollar of revenue. On growth, Avery Dennison posted the faster year-over-year revenue change (7.0% vs 0.1%). Stanley Black & Decker produced more free cash flow last quarter ($155.3M vs $104.4M). Over the past eight quarters, Avery Dennison's revenue compounded faster (1.4% CAGR vs 0.3%).
Avery Dennison Corporation is an American multinational manufacturer and distributor of pressure-sensitive adhesive materials, apparel branding labels and tags, RFID inlays, and specialty medical products. The company is a member of the Fortune 500 and is headquartered in Mentor, Ohio.
Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.
AVY vs SWK — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.3B | $3.8B |
| Net Profit | $168.1M | $51.4M |
| Gross Margin | 28.9% | 31.4% |
| Operating Margin | 10.7% | — |
| Net Margin | 7.3% | 1.4% |
| Revenue YoY | 7.0% | 0.1% |
| Net Profit YoY | 1.1% | -43.6% |
| EPS (diluted) | — | $0.34 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.2B | $3.8B | ||
| Q2 25 | $2.2B | $3.9B | ||
| Q1 25 | $2.1B | $3.7B | ||
| Q4 24 | $2.2B | $3.7B | ||
| Q3 24 | $2.2B | $3.8B | ||
| Q2 24 | $2.2B | $4.0B |
| Q1 26 | $168.1M | — | ||
| Q4 25 | $166.4M | — | ||
| Q3 25 | $166.3M | $51.4M | ||
| Q2 25 | $189.0M | $101.9M | ||
| Q1 25 | $166.3M | $90.4M | ||
| Q4 24 | $174.0M | $194.9M | ||
| Q3 24 | $181.7M | $91.1M | ||
| Q2 24 | $176.8M | $-11.2M |
| Q1 26 | 28.9% | — | ||
| Q4 25 | 28.7% | — | ||
| Q3 25 | 28.7% | 31.4% | ||
| Q2 25 | 28.8% | 27.0% | ||
| Q1 25 | 28.9% | 29.9% | ||
| Q4 24 | 27.9% | 30.8% | ||
| Q3 24 | 28.7% | 29.9% | ||
| Q2 24 | 29.6% | 28.4% |
| Q1 26 | 10.7% | — | ||
| Q4 25 | 9.1% | — | ||
| Q3 25 | 10.6% | — | ||
| Q2 25 | 11.5% | — | ||
| Q1 25 | 10.6% | — | ||
| Q4 24 | 11.0% | 3.4% | ||
| Q3 24 | 11.0% | 10.6% | ||
| Q2 24 | 10.7% | 9.5% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.3% | — | ||
| Q3 25 | 7.5% | 1.4% | ||
| Q2 25 | 8.5% | 2.6% | ||
| Q1 25 | 7.7% | 2.4% | ||
| Q4 24 | 8.0% | 5.2% | ||
| Q3 24 | 8.3% | 2.4% | ||
| Q2 24 | 7.9% | -0.3% |
| Q1 26 | — | — | ||
| Q4 25 | $2.16 | — | ||
| Q3 25 | $2.13 | $0.34 | ||
| Q2 25 | $2.41 | $0.67 | ||
| Q1 25 | $2.09 | $0.60 | ||
| Q4 24 | $2.17 | $1.29 | ||
| Q3 24 | $2.25 | $0.60 | ||
| Q2 24 | $2.18 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $255.1M | $268.3M |
| Total DebtLower is stronger | $3.2B | $5.3B |
| Stockholders' EquityBook value | $2.3B | $9.0B |
| Total Assets | $9.0B | $21.8B |
| Debt / EquityLower = less leverage | 1.38× | 0.59× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $255.1M | — | ||
| Q4 25 | $202.8M | — | ||
| Q3 25 | $536.3M | $268.3M | ||
| Q2 25 | $215.9M | $311.8M | ||
| Q1 25 | $195.9M | $344.8M | ||
| Q4 24 | $329.1M | $290.5M | ||
| Q3 24 | $212.7M | $298.7M | ||
| Q2 24 | $208.8M | $318.5M |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.2B | $5.3B | ||
| Q2 25 | $2.6B | $5.6B | ||
| Q1 25 | $2.6B | $5.6B | ||
| Q4 24 | $2.6B | $6.1B | ||
| Q3 24 | $2.0B | $6.1B | ||
| Q2 24 | $2.0B | $6.1B |
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | $9.0B | ||
| Q2 25 | $2.2B | $9.1B | ||
| Q1 25 | $2.2B | $8.8B | ||
| Q4 24 | $2.3B | $8.7B | ||
| Q3 24 | $2.4B | $8.9B | ||
| Q2 24 | $2.3B | $8.7B |
| Q1 26 | $9.0B | — | ||
| Q4 25 | $8.8B | — | ||
| Q3 25 | $8.9B | $21.8B | ||
| Q2 25 | $8.6B | $22.5B | ||
| Q1 25 | $8.4B | $22.5B | ||
| Q4 24 | $8.4B | $21.8B | ||
| Q3 24 | $8.5B | $22.5B | ||
| Q2 24 | $8.3B | $22.5B |
| Q1 26 | 1.38× | — | ||
| Q4 25 | 1.43× | — | ||
| Q3 25 | 1.45× | 0.59× | ||
| Q2 25 | 1.19× | 0.62× | ||
| Q1 25 | 1.19× | 0.63× | ||
| Q4 24 | 1.11× | 0.70× | ||
| Q3 24 | 0.85× | 0.69× | ||
| Q2 24 | 0.89× | 0.70× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $221.2M |
| Free Cash FlowOCF − Capex | $104.4M | $155.3M |
| FCF MarginFCF / Revenue | 4.5% | 4.1% |
| Capex IntensityCapex / Revenue | — | 1.8% |
| Cash ConversionOCF / Net Profit | — | 4.30× |
| TTM Free Cash FlowTrailing 4 quarters | $869.1M | $369.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $376.8M | — | ||
| Q3 25 | $312.1M | $221.2M | ||
| Q2 25 | $208.8M | $214.3M | ||
| Q1 25 | $-16.3M | $-420.0M | ||
| Q4 24 | $351.2M | $679.1M | ||
| Q3 24 | $270.1M | $285.8M | ||
| Q2 24 | $197.7M | $573.0M |
| Q1 26 | $104.4M | — | ||
| Q4 25 | $309.7M | — | ||
| Q3 25 | $276.2M | $155.3M | ||
| Q2 25 | $178.8M | $134.7M | ||
| Q1 25 | $-52.3M | $-485.0M | ||
| Q4 24 | $281.7M | $564.6M | ||
| Q3 24 | $227.1M | $199.3M | ||
| Q2 24 | $150.2M | $485.8M |
| Q1 26 | 4.5% | — | ||
| Q4 25 | 13.6% | — | ||
| Q3 25 | 12.5% | 4.1% | ||
| Q2 25 | 8.1% | 3.4% | ||
| Q1 25 | -2.4% | -13.0% | ||
| Q4 24 | 12.9% | 15.2% | ||
| Q3 24 | 10.4% | 5.3% | ||
| Q2 24 | 6.7% | 12.1% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | — | ||
| Q3 25 | 1.6% | 1.8% | ||
| Q2 25 | 1.4% | 2.0% | ||
| Q1 25 | 1.7% | 1.7% | ||
| Q4 24 | 3.2% | 3.1% | ||
| Q3 24 | 2.0% | 2.3% | ||
| Q2 24 | 2.1% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | — | ||
| Q3 25 | 1.88× | 4.30× | ||
| Q2 25 | 1.10× | 2.10× | ||
| Q1 25 | -0.10× | -4.65× | ||
| Q4 24 | 2.02× | 3.48× | ||
| Q3 24 | 1.49× | 3.14× | ||
| Q2 24 | 1.12× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVY
| Materials Group | $1.6B | 72% |
| Solutions Group | $649.2M | 28% |
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
